IFC & Insurance Marketing Inc. Buys 14,237 Shares of Columbia EM Core ex-China ETF $XCEM

IFC & Insurance Marketing Inc. increased its stake in Columbia EM Core ex-China ETF (NYSEARCA:XCEM) by 52.5% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 41,356 shares of the company’s stock after buying an additional 14,237 shares during the period. Columbia EM Core ex-China ETF accounts for about 1.8% of IFC & Insurance Marketing Inc.’s portfolio, making the stock its 17th largest position. IFC & Insurance Marketing Inc. owned 0.12% of Columbia EM Core ex-China ETF worth $1,688,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in XCEM. NewEdge Advisors LLC boosted its position in Columbia EM Core ex-China ETF by 2.6% in the 4th quarter. NewEdge Advisors LLC now owns 46,160 shares of the company’s stock valued at $1,771,000 after buying an additional 1,166 shares during the period. Equitable Holdings Inc. increased its position in shares of Columbia EM Core ex-China ETF by 92.5% during the fourth quarter. Equitable Holdings Inc. now owns 14,613 shares of the company’s stock worth $561,000 after acquiring an additional 7,022 shares during the period. Osaic Holdings Inc. increased its position in shares of Columbia EM Core ex-China ETF by 2.4% during the fourth quarter. Osaic Holdings Inc. now owns 185,172 shares of the company’s stock worth $7,104,000 after acquiring an additional 4,294 shares during the period. &PARTNERS raised its stake in shares of Columbia EM Core ex-China ETF by 889.2% during the fourth quarter. &PARTNERS now owns 68,010 shares of the company’s stock valued at $2,609,000 after acquiring an additional 61,135 shares in the last quarter. Finally, Royal Bank of Canada raised its stake in shares of Columbia EM Core ex-China ETF by 2,951.5% during the fourth quarter. Royal Bank of Canada now owns 38,845 shares of the company’s stock valued at $1,490,000 after acquiring an additional 37,572 shares in the last quarter.

Columbia EM Core ex-China ETF Stock Performance

Shares of NYSEARCA XCEM opened at $54.96 on Tuesday. The firm has a market capitalization of $2.07 billion, a price-to-earnings ratio of 14.14 and a beta of 0.89. The stock has a 50 day moving average price of $49.51 and a 200 day moving average price of $44.01. Columbia EM Core ex-China ETF has a 52-week low of $32.57 and a 52-week high of $55.43.

Columbia EM Core ex-China ETF Profile

The Columbia EM Core ex-China ETF (XCEM) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a market-cap-weighted index that provides broad equity exposure to emerging markets excluding China. XCEM was launched on Sep 2, 2015 and is managed by Columbia.